The Business Times

Dubai plot of sand sells for 125 million dirhams in luxury island record The buyer, who does not live in the United Arab Emirates, is planning to build a family vacation home on the property.

MAS launches S$8m scheme to co-fund salaries, tuition of poly students and graduates in financial sector Under the Polytechnic Talent for Finance scheme, MAS will co-fund internships, apprenticeships and sponsorships for…

Link Hotel in Tiong Bahru goes into receivership, put up for sale Link Holdings on Apr 3 disclosed that it had failed to make an outstanding payment of S$31 million on a S$50 million loan granted by DBS, which then deman…

Over US$68 billion withdrawn from Credit Suisse ahead of UBS takeover 61.2 billion Swiss francs (S$91.7 billion) were withdrawn in just the first quarter alone.

#BTOpinion: Having a constant pipeline beats a start-stop strategy for housing developers While many developers are cautious in buying housing sites, constantly replenishing land bank can be a viable strategy.

Funds raised by Singapore’s early-stage emerging tech startups down 28% in 2022 Despite the challenges of fundraising and talent gaps, Singapore is still expected to produce a “steady pipeline” of emerging tech startups.

Singapore headline, core inflation dial back in March as expected By expenditure division, food inflation marks the largest jump, up 7.7% on the year in March.

Manulife US Reit’s manager should invite MAS to act as “special scrutineer” of its strategic review With constantly shifting market trends, Manulife US Reit won’t be the last Reit to land in trouble - MAS should set out…

Loss-making residential resale deals hit five-year low In the five biggest loss-making exits of Q1 2023, losses ranged from S$250,000 to S$1.31 million in quantum terms, and from 17% to 43% in percentage terms.

Asia insurers look to asset diversification, new product designs to weather higher interest rates Insurers are trying to get more inflation-protected assets, which may result in a continued shift into private credit and…

Hospitality S-Reits still have room to grow as Chinese travellers return Chinese travellers would be the “long-awaited last piece of the travel puzzle”, say analysts, adding that "Chinese travel demand recovery will be f…